1249 West 2nd Street Los Angeles, CA ^$ 620,000

1249 West 2nd Street

^$ 620,000

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1249 West 2nd Street

Los Angeles, CA, 90026

^$ 620,000

Studio Baths0.0 Sq 1,130

Monthly Estimate*

^$ 3,915

1249 West 2nd Street, Los Angeles, CA 90026 - Image 1

1249 West 2nd Street, Los Angeles, CA 90026 - Image 2

1249 West 2nd Street, Los Angeles, CA 90026 - Image 3

1249 West 2nd Street, Los Angeles, CA 90026 - Image 4

1249 West 2nd Street, Los Angeles, CA 90026 - Image 5

Studio

Multi-Family Home for sale in Los Angeles, CA

for $620,000. This 1,130 square foot home was built in 1920 on a lot size of 0.06.

**DEVELOPER OPPORTUNITY** Centrally located near Downtown LA, this tenant-occupied duplex offers 2 x (1-bedroom, 1-bathroom) units, with Downtown skyline views and additional monthly income from prominent billboard signage on the property. The billboard agreement is month-to-month, offering a new owner potential flexibility to renegotiate the terms or pursue removal of the signage should they wish. Just around the corner from the Shakespeare Center of Los Angeles and one block from Vista Hermosa Natural Park with convenient access to green space, picnic areas, summer theatrical performances and a neighboring soccer field. The property is Zoned LACWC2(CW)U/3 and located within TOC Tier 3, the site may offer development, commercial, Live/work or business-front potential. An excellent opportunity for investors, developers or owner-users seeking income and long-term upside in a central Los Angeles location.

Multi-Family Active

Price

^$ 620,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.06

Year Built

1920

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026943079

Features

General

Living Area 1130

Sewer None

Heating Wall Furnace

Zoning C2(CW)-U/3

Year Built 1920

Tenant Pays Electricity Gas

Levels One

Accessibility Other

County Los Angeles

Insurance Expense 1670

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 500

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 2658

Water Sewer Expense 1500

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Flooring Wood

Total Stories 1

Heating Y/N true

Total Baths 0

Exterior

Parking Features None

Lot Size Area 2658

Building Area Total 1130

Lot Size Acres 0.06

* Excluded Features

List By

Michael Flanagan

Listing Agent

Keller Williams Larchmont

Broker

Mike@FlanaganEstates.com

Affordability Calculator

$3,915

Per Month

Monthly Principal & Interest: $3,915
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,871,967

Percent of Sale Price 202%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/2/2026	$620,000		Listed Price

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1249 West 2nd Street, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $620,000 with 1,130 sqft and a lot size of 0.06. 1249 West 2nd Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 9/2/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1249 West 2nd Street

Multi-Family Home for sale in Los Angeles, CA

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